Cambodia's alleged scam group execs suspected of money laundering in Japan

TOKYO - Two senior executives of Prince Holding Group, a Cambodian conglomerate accused of being one of Asia's largest transnational criminal organizations, purchased luxury real estate in and around Tokyo in a possible money-laundering scheme, sources familiar with the matter said and official property records showed Thursday.

A Chinese Cambodian national who serves as an executive of six companies within the conglomerate bought a house on a 1,600 square meter plot of land in the Japanese capital's Suginami Ward for over 800 million yen ($5 million) in cash on Oct. 10 last year, according to the sources and real estate registration documents.